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Monday, April 4, 2022
Dhaka Banking on New Financier New Development Bank
Bangladesh looks to another development financier from the East - New Development Bank (NDB) - as the government is now scrutinising some priority projects for its fund support
The Board of Directors of the New Development Bank (NDB) held its 34th Meeting in a virtual format
The bank, which was originally set up in 2013 to provide services to Brics members, which includes Russia, has joined others in withdrawing services to Russia
New Development Bank (NDB) will become the first multilateral agency to open an office in the Gujarat International Finance Tech City (Gift) after an approval for the same this week
The New Development Bank (NDB) successfully issued CNY 3 billion RMB-denominated Bond in the China Interbank Bond Market. With this issuance under the Bank’s second RMB 20 billion Bond Programme in China, the total outstanding amount of RMB bonds issued by the NDB has reached CNY 20 billion
The multilateral bank approved nine projects in the period-more than US$4 billion in investments. While the number of Brazilian projects in the NDB has increased, Brazilian participation in financing in the World Bank is lower
Answering journalists' questions, Vyacheslav Stupin spoke about the progress with the project "Comprehensive Development of the Territory and Infrastructure of Small Historical Settlements" implemented by the government of the Russian Federation and the New Development Bank (BRICS)